Trading Growth & Value Stocks

Hello and welcome to Growth and Value Stocks. My name is James Boyd. and we welcome you on this march 25th 2026 welcome to all this is a live session we've got some live questions and a live audience so let's go ahead and hop right in we got Cameron May in the chat we welcome him you'll see his initials as CM my name is James Boyd or initials JB many of you called me that's fine and uh so let's we're going to talk about kind of some of the things we're seeing in the market here kind of some interesting dynamics that are playing out we want to hop right in now when we talk about growth and value stocks we can kind of talk about growth in terms of companies themselves

or growth sectors or value sectors or value stocks we'll kind of isolate both of those and kind of talk about what are some of the definitions and how to see those differences just real quick as we hop right in i want to give us a reminder that the information i talk about is done for general informational purposes only Schwab does not recommend the use of technical analysis as a sole means of research other types of research, whether macro, whether we talk about fundamental analysis, whether we talk about, let's say, in our market analysis, that's probably my favorite. OK, seeing how different things move together or opposite, that is very interesting. And that's kind of been a theme that we've been talking about. And it could be, let's say, rates.

It could be oil and airlines, interest rates and home building. And so on. Very interesting to kind of know that. So don't think technical analysis is the end point. It's the starting point. Also remember that our examples will be done in the paper money software application. Investing involves risk. And also remember when we talk about our examples, they are just that. Now, when we talk about, let's say, growth, value, and income. Now, I'm not necessarily going to talk about income, but if we bring up income, understand dividends are not guaranteed. They could change that policy— of whether they pay a dividend. or they cut it, increase it, whatever. And so that's not gonna be a focus. We're gonna focus on really the growth and value.

And so the biggest thing is we're trying to get capital appreciation, okay? Now, there's nothing wrong with income, but we're trying to get capital appreciation, which means we're trying to ride those trends. Now, let's go ahead and just hop right in for just a second. Let's take a quick peek at where the markets are. So I got the SPX up here. And if you look at the SPX, you know... Now remember, the moving averages that we use, and I'll take these lines off, they're just the whole moving averages, okay? A 10, 20. Now remember, the whole moving averages, they're quicker. Okay and if you go back to when that uh Iran issue started, it was pretty much about right there. So... Day after that, you actually saw the negative cross, right?

And the moving averages have been red. Now, the hardest thing for us to do is to internalize what the chart is showing. Those moving averages are red. You know that there's more sellers than buyers. At that moment in time, it's saying, 'Do not walk.' Well, that's what it says on the street sign, right? We look across the street and that thing says, 'Red: Do not walk' or 'Red: Okay.' Like a traffic light. You kind of know, if you buy, the risk is that the price could go down further. And that's what we've been seeing. If someone bought or bought the index, et cetera, the price has been going down. Now, some people do that. Maybe. Some people okay, others say no.

The traffic sign says 'Red: Okay.' Now, we might be getting the first crossover that we've seen in almost a month. Okay. So keep an eye on that. Now, if we look at, let's say, the Dow Jones, just real quick. The Dow Jones, do we got something? Now, we've been kind of talking quite a bit about the MACD, okay? And the Matty... For what? Six weeks? Finally went green. Remember that's kind of a good start, right, to get something to stop going down. Okay. You need the MACD or Momentum to build. And to finally get across. We finally got above that uh moving average there. This white line represents when we started that the Iran issue, and again, just same thing. The red line is actually just moving on the way down.

First time we've actually seen a cross. Now I know what you're thinking. ... is, uh... Is this a you know the little saying that says this is the bull trap, right? Well, we're not buying the indexes or something that tracks the indexes, but if the indexes are going up, that probably tells us that there's some bullish examples. Speaking of that, which there are, we'll come to that. Now, in our class here today, we're going to talk about some past examples. Which we need to, but we will also talk about some new examples. So, if the indexes are going up, that gives us a better chance to find something that might be trending. Technically and also fundamentally. Now, if we kind of said, well, what about the Russell?

Now, we use the Russell as a sentiment gauge in terms of our investors. Willing to take. Wrist. So these are smaller cap companies, meaning the share price of the value of their equity. Okay. Is... not as high as let's say Microsoft, Home Depot, JPMorgan, etc. So if people are willing to buy these type companies, they're kind of willing to go out there on the limb, if you will, and take some risks. Okay. Now. This has been interesting. If you actually look at this move right here, the moving average really started a couple days ago. Moving averages both went green yesterday. Getting a little bit of a pop here today. Now, if we kind of said, what do we think of the indexes?

It would not be unusual to think that we might be seeing on the indexes more of a neutralist price range. That means some stocks are going up, some are going down. The investors trying to pick the stocks that they think could be going up and trending. Now, when we actually look at the NASDAQ and the SOX. The NASDAQ has yet to really get back up above its broken support level. Still? The one that we'll point out here, again, we also like to look at semiconductors as a gauge for maybe— are those Tech traders coming back in? Now let me ask you that question. Do you think those Tech traders are coming back in? No, I'm not asking you, okay? I mean, just... You're the third person here.

But if we take a look at here, are those bullish investors? Are they coming back in, stampeding? Well, I don't know about that. Well, let's see. Well, if we kind of said where do we see most of those touches, you're right around 7,900. It's not a bad sign, right? And so, if you're seeing that, you're saying, 'Well, at least we're kind of getting out of this choppy zone.' Then remember, we've been talking about this MACD, which we should all be able to now low there's a higher low we've actually seen the MACD where it dropped down and I'm talking about right there, did not go below zero, stayed above zero, and this MACD now higher than where we were before, so we're getting some momentum to build.

Yeah, but what about this? Yeah, but what about that? Yeah, what about this? Yeah, what about that? It's not over yet. You got to remember, investors will forecast what they think is going to happen. They don't typically wait until the actual. If you wait until the actual news actually hits, then actually a lot of those moves, a lot of times, are more materialized. Okay? Investing. Okay, you're actually investing for what you think could happen. Okay? Now, if we take a look at this, now, as far as the Mag 7 or whatever, the Lag 7, yeah, we don't talk about those a lot because they have been lagging. And so the goal is— we're talking about the things that are moving. But fair enough. Yeah, you're right.

Now I want to kind of say something just real quick, okay? A couple of classes ago, I talked about... We're focusing on investing principles, okay? So when we have market noise. And it could be all types of different things, right? That happens. That's just constant, okay? It always is going to be there. If I was running a business, I'd have issues with HR. I'd have issues with employees. I'd have issues with... Marketing, I'd have issues with accounting, I'd have issues with taxes, I'd have issues with products and services. I mean, it just never stops, okay? Well, in the stock market, there's always noise, especially when you're talking about investing, not just in the U. S., but it's international. So the biggest thing is we're focusing on. Proven.

We're focusing on investing principles. And we're focusing on proven practices. That does not mean it works all the time. Okay. We're focusing on asset allocation. We're focusing on strategy. We're focusing on effort and we're focusing on focus. The other stuff is just investing noise. So what we're really honing in on... is investing. Principles. and letting those investing principles work over time with strategy allocation. Okay, focus, effort, and... Strategy. Now, let's get to work, okay? But just remember, if you succumb to feeling. A lot of times you miss those opportunities. Now, I want to kind of speak to one just real quick that poked us in the eye here today. One of them that poked us in the eye that we've kind of been having a little fun with.

is Dell. That actually stocked, I mean, yesterday was at 164. I mean, did anyone else see that? It's at 164 yesterday. It just rammed its way to 184 here today. But I mean, who's paying attention? Now, the other one that kind of got a little move— that we'll keep an eye on. Is I want to go back to just real quick, the theme of we've been talking about, let's say, maybe could oil go down and could maybe stocks like airlines go up a little bit. Delta squirting its way a little bit higher. That's not the one I want to bring up, though. It's really United Airlines. That's really the one that... did actually go up to that horizontal here in the short term made a higher high.

Could that break inside that old area? And then we're asking an investor and you're trading on a daily, maybe a weekly basis. You're trying to find some of those themes. Which is like a gold vein, and you're trying to chip or tap into that vein. And so we're going to continue to keep an eye on that. Now. I want to also go back to, let's say, a stock in the Dow that we've been watching. Let's kind of start here for just a moment, okay? Now, I don't care what type of market it is. If someone said, 'I'm a bullish investor,' the investor says, 'What does that even mean?' It means they go long only. Okay, they might be in a retirement account where even if they wanted to do a bear stock trade like Disney.

Okay. Which hit another low here today, which we've talked about two weeks in a row. I'm not going to go down there today. But just so you know, there is still some practice to do in that area. If we look at a stock like Cisco in any given market, if the investor was long only, they only take bullish positions, they're looking for bullish trends. Okay now, we find those bullish trends by A, looking for stocks above certain moving averages. Two, we can look for stocks that are actually showing close above the high of the low days. Three, looking for stocks, for example, given that, let's make a quick watch list. We're going to call it Wednesday watch list. So first, stock that we're going to pull up here in this case is we're going to type in Cisco.

OK, now we pull this up. Things, example, given that we're going to look for is not what could give us the idea of trend. Well, what could give us the idea of trend is looking at statistical returns. I mean, if you're really trending up, the proof should be in some of the return metrics. There's not one return metric, there can be a couple. Weak percent, we think of that as momentum. When you look at the one month, this is really that shorter term type of trend. Now, when we look at the year-to-date type return, depending upon where we are in the year, I mean, if we're three days into the year, that's not very helpful. But if we can't get two, three months plus into the year, we start to actually look for something that has a positive return, which would probably tell us something about the trend.

Hence, that's why it's positive. Now, if we take a look at this, things like. The trend column. Now, that trend column is telling us where the price is in relationship to the moving averages on the daily chart. The trend, W really the trend on the weekly column. So we got some member Put the per-The actual statistical performance. ... Be showing something similar to the trend? The answer is of course! OK, now when you look at the relative strength, RS, for short. That RS has been green, which is looking at the price performance compared to the S &P 500. Okay, or 500. Now, when you take a look at this, what do we see on the chart? We see a 20 DH day high. Okay. Could that be a bullish sign?

You probably wouldn't be here in 20 days if you weren't. Okay. Is it showing a potential bullish bounce? It is. Now, where are we in the timing of this? Well, on the whole moving average, the HC, the whole counter. Where are we in the timing? Well, the moving average has been green, hence the green color, and it's been green for two days. So this is not like... 22-day-old bread here. Okay, and they're starting to mold a little bit. This is two days. The moving average has been green. Three days since the moving average has been green. So timing is interesting. And when we talk about, is there a potential breakout, we see that here today. Now here's the thing. Here's what's nice. These are the tools I like to use.

Because if you're seeing a move, you're going to see it in one of these columns. Do you need all of them to be going green? No. Now, if you have a stronger move, you're probably going to get more signals. If it's actually that bad to the downside, you're probably going to be seeing more bearish signals, okay? You don't need all of them. A bounce is a bounce. A breakout is a breakout. A crossover is a crossover. By the way, a crossover could be a bounce and/ or breakout. It could be the same. Now, let's go to this just real quick and let's look at our first example. If the investor says, 'Look, I want to buy these shares.' And let's go back to the paper money account. Let's go back to Cisco.

And let's say the investor says, 'Look, I want to buy those shares.' I'm going to right click on the chart, go to buy custom. And we're going to go with OCO bracket. Now. When I do this, right-click on the chart. Okay. Then go to 'Buy Custom' with the OCO Bracket. This is kind of more of a swing trade type of idea. The idea is that can we get it to go up to a certain price? That certain price might be in the vicinity, if we said, 'Can it close that gap? 85 and a half.' If you said, 'Look, I want something maybe a little bit more,' the investor might, let's say, example given 87. Now, if we went down and said, 'Where's the old breakout level?' It's really 79.

89. $79. 89 less. TWO PERCENT! Is going to give us 78. 29. Now, 7829... If I go back and take a look at this 7829. Now, we've always said, and I'll say again, when we talk about our stops, we tend to actually have wider stops. I don't tend to look at reward to risk. Reward to risk is a fabrication of what you think. It's not statistical probabilities, okay? So, I mean, I could put a target at 100 and say the reward-risk ratio is amazing. You know what I'm saying? It's like made up. So if we look at this, 87. 78 . 29. We're not trying to set stops that are too tight because all you did is just increase your chance of getting stopped out. Okay.

And now what we're seeing is our stop is going to be right around that vicinity there. Okay. Now, we're going to talk about stops here in just a second on two oil positions that we need to bring up. Remember we talked about kind of focusing on asset allocation? Remember we talked about, for example, focusing on strategy? Well, the strategy of this class is we're talking about stock trading. We're trying to use capital. Cash. to get... Price appreciation. And then what we're trying to do is really use proven practices, breakouts, crossovers, etc. and we're trying to trade those when they are occurring but wonder if they're not occurring. Well, there's... We don't have a setup. And sometimes that's just what it is—okay, we're waiting. We're waiting for the setup.

Waiting doesn't necessarily mean you don't know what you're doing. Sometimes you don't have those conditions. To buy. Based upon what you're looking for. Sometimes knows the answer. Now, if we take a look at this, we're going to go ahead and go back to this. Let's go to the dollar amount. Let's go back to that $4,000. Now, by the way. Uh... I'm gonna actually, uh... I got to look at that March account. That March account, we're about, what, 4,200 or so? It's going to give us about 50. Now, that's if we did up to 10% of the capital. It's going to be about, let's say, 51 shares of stock. If I come back and look at this and say 'confirm and send,' remember how this is working.

It's saying, 'if we go to that price or less. Sell it.' We don't know what it's going to fill at. If it slams to the downside or gaps to the downside, it could be filled at a lower price level. Noted. Now, if we, and that's a risk, send that order. Now you're going to see that that is sitting right there, the order filled at 8184. We got a stop underneath, and we got a target up above. Now, we got to go back to something just really quick. Now, here's the thing. When we look at, let's say, positions, investing is not just about putting on new positions. Because eventually, what happens if you put on a bunch of new positions, you run out of capital.

And when you run out of capital, you actually got to say, 'Do I have any positions that might be at the end of their life cycle of that trend?' And I might want to try to... grab some potential profits if they're there. And try to use it for something else that might be newer into that trend. Now I want to speak to just real quick Devon Energy, DBN, stock trade. Purchase just a couple of dollars ago, 4511. Now, I want you to kind of notice the situation that we're seeing on this, right? Now remember, as a bullish investor, what is your favorite color? We know the favorite color is green. What is your favorite number? My favorite number is three. The 3 is representing the prices above both moving averages.

Prices above both moving averages, I got momentum and trend in my back. And that stopped. Could be going higher. Now. We can't just rest on the laurels and say, 'Yeah, I'm doing real good.' Okay, you got to watch it. Okay. Now, if you take a look at the whole counter here. These moving averages, they have been green. The 10-day moving average has been green for 11 days. The 20-day moving average has been green for 15 days now. That's not saying it can't go higher. But we're going to start to watch. Okay now we also want to kind of verify that, uh. In this case, when I go back to DBN, let's go back to this and be kind of focused on... really proven practices. Now.

When we go back to, let's say, DBN. This is what the chart looks like. Now, I want you to remember what I'm telling you. This is going to be the moment in your life where you say you look back. and said when he said that it struck Literally. in my mind and I never forgot it. You ready? You could just focus. On stocks where the moving averages were that green color, And there's that green shading. might be helpful. Okay. As some of us We like to kind of just... Buy things that are the red moving averages, okay? I'm not talking to you right now. I'm talking to the people that actually really understand, okay? The biggest actually thing is if the investor really understood, they're saying, 'I'm trying to put capital.' and things that are actually moving.

Okay, that they're showing some momentum and trend. The 10 period moving average, that's the proxy for momentum. The 20 period moving average, or 30 if you use it, that's the proxy or the gauge for trend. Now, we don't know if it's going to go up higher, but we're about to find out. Okay? Now, if we take a look at this, how do we kind of be systematic? How do I kind of leave my emotion less? We're people. We're not emotionless. There's some emotion. So we're trying to say, what is a systematic way in which we can kind of gauge? Now, this is a good problem to have. What do you mean? Well, when we talk about, let's say, so first off. When we talk about stops, moving stops based on day's lows.

It's a good problem to have. The white line that I'm pointing to, that's an 8-day low. That's actually going back eight days ago and plotting where the eight-day low is. Well, that's down to 45. That's literally $5 ago, okay? When you look at the red line, that's the 10-day low. And you look at the yellow line, that's a 20-day low. So what's the problem? The problem is... is in this case that we don't it. We haven't had any consolidation on the stock because the stock has gone up two bucks. I'm not crying, okay? But the big essentially thing is here, Chase, what happens when they go up so quickly? Well, number one is we need to be aware of where the target is. Is there a target? Number two.

Do we have any lines on the moving averages that are turning red? Because the steeper that the stock goes without getting some consolidation, you have to move it. You have those stop levels potentially that are low. So the investor is watching with both eyes, where's my target? And at the same time, they're saying, 'Am I starting to see any signs of that short-term moving average go red?' If that short-term moving average goes red, the investor can make the decision—Are they going to sell on any form of weakness? Are you crystal clear on that? Now. If over the next couple days, if we can get some some of the price to consolidate a little bit, that eight-day low represented in the white line. Red line, that 10-day low, that stock could be moved up more aggressively.

But right now... We're identifying where's the target. Second, we're also identifying. Do we have any red line on that 10-period moving average? We don't have it yet. Now, I want to kind of speak to this real quick. Now, yesterday, Barb Armstrong talked about Fibonacci, okay? Now, if we take a look at this just real quick, I'm going to go back to that Fibonacci. And one of the kinds of, when we're talking about bullish trends. You like to really look at really the old high. And draw it down to where do we go down to? Now, I liked everything in her presentation yesterday, except for when she talked about the WICs. I don't like, and she said it was accurate.

The biggest actually thing is the WICs are looking at extreme movements, extreme movements, and she did say, and it's true, that when you use extreme movements, you can get extreme targets. Now. If you like to bet upon that, and I don't vary from day to day, okay, when you use extreme targets, you have lesser chance to get there. Now if you enjoy that... Go for it. If you actually said you'd rather have a higher probability of hitting that, then you use bodies. Okay, that's why I use bodies now. The biggest actually thing is when you look at this, we are already at a 261 extension. Now, could an investor in the short term use that extension to set a stop below that? Oh, sure. Okay.

Uh, now, if you're also kind of saying, well, could I maybe use the 200 as a line on the chart to kind of move up my stop underneath there until those lines underneath. Catch up a little bit. That's what I'm gonna show. Now, if I said, James, this has been a pretty good trade for me, I'm even going to move up that stop underneath the 261. Oh, James, you're so greedy. Okay, well, it's not the first time someone said that. Well, if we take 49, 4, is anyone else greedy? OK, 49, 43, less 3%. That's going to be, in this case, $47. 94. Now, that's still giving some breathing room. That's still giving some money back. And it would hurt our feelings if it went down there. Okay.

But if I looked at this right here, I'm going to bring it up right there and I'm going to move it to what was the price? $47. 94. Okay. $47. 94. Stop day GTC. So when you get a stock, for example, that has gone up pretty aggressively, use those Fibonacci lines. Okay. Now, maybe Thursday, maybe Friday, maybe Monday, those lines watch you start to catch up. But in the meantime... We're going to be watching... For the moving average to change color, the 10 period, it's not yet. We'll keep an eye on it. Second, we're going to use the Fibonacci lines as a way to kind of move up our stops or kind of watch this as a shorter-term support level.

If you do not have this chart, I feel bad for you until now. Okay? Grab that chart because this is a visual way to actually look and see where the stops could be. Most people, when you ask them, where's your stop? They can't give you a definitive place? Because they're changing, they're waffling from day to day. We're not waffling from day to day. Why are we not using those lows? Because they're 10% too low, okay? And we understand why that is. It's because the stock went parabolic. When that stock goes parabolic, the investor can use the practice of Fibonacci, those lines, as short-term areas of support. Okay. Now let's go to the next example for just a quick moment. Now, by the way, Are there any questions?

No, Amber's out of town right now, so I can't ask Amber anything. Okay. Okay, now. Just real quick. Okay, now. I want to go back to— What was our first trade example? Does anybody remember? What was the first trade example we did? It was Cisco, okay? Now, the second one— i just want to double check— just real quick— is we're going to go look at Merck for just a moment, okay? Now, when you look at Merck, okay, now, if someone said, well, what do you want to see in terms of a setup? A lot of people might say I'm looking— maybe for something that might have pulled back to... a horizontal or a diagonal support line. Now, one of the most frequent questions that can happen is, well, how far do you go back?

Well, the answer is go back as far as you can. But the reality is it's more important what's happening on the right end. So what's happening in the last, let's say, from now to the last one, two, three months is probably the most important because that's what's happening right now. So if I were to go back, and what I'm going to do is I'm going to imagine that I don't know anything, okay, which is most of the time, that's the case. I'm going to circle the low. And I'm going to circle the lows. And I'm going to circle the lows, and I'm going to circle some of these lows. Now, just like if we were in kindergarten or first grade, I'm going to take a...

ruler if you will and I'm going to kind of try to Hot sh-some of those lines. Now, we also kind of know that there's a top side of this. If I actually say we'll circle some of these old highs, one area there, I got another area right there, I got another area right there, I got another area right there. Now, what we're doing is that whole game of dot to dot to dot, okay? Now, if we look at this, we know that the old resistance can kind of become the new potential area of support. I call it like stair-stepping, okay? Now, if you look at this. If we were to kind of connect those dots, let's send that order there on that uh on that previous one and we'll do that.

What I'm going to do is I'm going to go ahead and actually just connect the dots from there to there to there. Now, notice they're not going to be perfect. Now, if you're type A, like I am, this drives you nuts. Because I want the lines to be perfectly matching. It's an area you're just trying to get a piece of it. Okay. Now, if we take a look at this, what would the investor want to see on the right hand side? Remember what we kind of said about that one moment in your life where you said, 'I remember when he said that?' What did I say? The investors trying to find stocks. Where the moving averages are green, the shading is green. Hey! Knowing that. And doing that is different.

Bill? Ken? Now. Does that guarantee the stocks are going to go up? No. But that's the condition. Okay, the investor is trying to plant. That see the capital in the soil of the trend. And trying to get that stock to go up over time. Thinking that other investors might see that. And click the buy button. Does that make sense? So when you buy something, it's not based upon what you're seeing. You're thinking, 'Hey.' Other investors, they might be thinking the same thing that I am. And if they see it... They might buy it too! I don't know that. But that's what you're thinking. Okay. You're thinking, what might have value. If you see value, other people might see that same thing and they might want to try to buy it as well.

Now, if you see it earlier, you might be able to sell it potentially to them, for some potential profit. Now, maybe. Now, what I'm going to do is here, we know when we get these pops, one of the things that can kind of come up is, it's too hot, now I've got to wait for a pullback. Remember, we kind of have a ruler, if you will, to kind of gauge how high this is. That tool we really measure by using the moving average envelopes. So if we were to look at this, and this is what's so funny about the ruler— is that the aqua line there is the 10-period moving average. Buh. Yellow line is 3% above. The tent period moving average. We barely even hit that. That. Red line, 5%.

7% for the white line. 10% actually for the dark blue line. So we cannot say it's too high! Because we're barely at the 3%. What's the yellow line again? It's 3% above the 10-day moving average. To get a signal? You got to get the stock to go up somewhat. And that means it's probably a little bit off. A little bit. Off the 10-period, moving out. And the answer statistically is it's barely 3%. Okay. Now, in our example, what we're going to do is we're going to right-click on this. Now, some investors, what they might do is they might say, 'James.' What I'm going to try to do is I'm going to try to buy some today. But you've got to imagine if the stock goes up, we know they can go down.

Some investors might say, 'Look, I'm going to try to buy some at the current price, but maybe some if it comes down inside the body of the candle.' I don't have that time to do that right here, but if we did... How much lower is that? Well, it's about a dollar, okay? So if the investor is trying to build a position, they might say, 'I'm going to try to buy some, I'm going to try to buy some.' If we go inside that candle, just the stock going up and down in the range. Okay? Now, if we did this, a limit order, that's the cap. We're saying, 'Look, buy up to that price, no higher than.' Could be further the lower price.

When we talk about a target here, I'm going to put a target right at 124. Now, if we get market conditions that start to heat up, okay? If we get those market conditions that heat up, could the investor raise that price target? Could they try to go for the extension? Yes. Now, if we look at maybe the breakout line, if you follow my cursor over here to the right-hand side, it's about 116. 60 or so. 116. 60. Okay? Less 2%, it's going to be $114. 26. Now, 114. 26. Data GTC. Remember how that stock works. If you go to that price or less, sell the stock. or it'd be filled at a lower price. If we said, well, where is the extension on that if it extended?

you're going to kind of notice that Merck is kind of in. Now, by the way, could we go back farther and get another data point there? Sure could. Right there. Okay. And now, if you're going to notice that right there, if we connect the dots. Okay? From there... Okay? Ta-da! So there. To there! To there! I'm not going to get them all, but I'm going to try to get a chunk of them. And if you're going to see right there, right-click on that line and extend forward. The whole purpose of this is that way, if I extend to the right. Where is that extension target? Now, if we go straight up, we're being more. CONSERVATIVE! because it's not factoring in time.

If it maybe took time to get there, that line goes up a little bit more as we go up over time. So if we were trying to take a more conservative guesstimate. It's really right around 1.30. If you said, James, I'm trying to go for that extension, I'm going to put that right at about $130-ish. Okay. Now. All right. Now, one of the questions that came up. says how do we get the percentage moving averages okay so let me go back to that just real quick let me go back to that chart okay Think of these charts as like tools in the toolbox. a hammer, a crescent wrench, so on. The tools are helpful in different. circumstances.

when you have certain questions okay if we're talking about we're evaluating just the momentum and trend in general that first chart the hammer very helpful Okay? We're talking about timing. Berry Health. If we're talking about, hey, the stock's had a big gap, and I just want to see where are we at in terms of how high is it? That moving the moving average envelopes a very helpful tool. Okay, now I want to kind of just show, so the second trade example was myrrh. Okay, confirm send. Now, notice target, stop. We talked about the stop risk. Send the order. I sure hope that fills... Oh, it did. Okay, so there's the order right there. So we can see the entry if it is not filled yet, the target, and the stop.

Now, let me kind of just show a couple other stocks. That are kind of standing out a bit and I don't want to go to questions. I think, if we were kind of saying which stock might be kind of showing a flag-like situation, it would probably be, let's say, Amazon. Amazon has really had, let's say, this flag-like situation. I don't have the MACD, but it wouldn't be surprising if you said, 'I like to trade diagonal breakouts using buy-stop orders. buy-stop limit orders, and I'm trying to buy something that might have upcoming earnings and so on. Some investors might really be thinking maybe Amazon might be a reversal trade. Remember, we talked about this. Well, we have news out there in the market, whether it's Iran.

Whether it's Greece, whether it's the Europe zone, whether it's United Arab Emirates, and they're talking about how they're going to run out of oil one day. Look, it's noise. Okay, it's interesting in the moment, but... Postal time. I mean, U. S. debt got downgraded twice. No one even talks about it anymore. The market just absorbs it. And you don't hear a lot about it—I know it's crazy, but that's just what happens. Okay, now biggest thing is keep it on Amazon because that's kind of getting to that point where could you get a little reversal? Now, the biggest thing is we had it drop down to the middle of the channel. It did not drop down to the bottom. Keep an eye on that. Okay.

Now, also, I want to kind of also go back to just a moment, any others that are standing out. KERRY CAT?! OK, also known as caterpillar. You're seeing how the moving average crossovers. We have that green shading. The green shading occurs. When? The shorter term moving average goes above the 20. We've been in that condition, right? and notice when that shorter-term moving average goes below the 20. Yeah. It can be ugly. Okay? And so, and you saw that. When there's that red shading, the sellers are really pressuring the stock. You can get up days but there's more likely more selling action than buying action ... over days. Now. When we talk about the red candle... What we've learned: That red candle above the moving averages? Ha ha ha!

Okay, that doesn't... Ah. push us off at all. That red candle we understand what that's showing— it's just lower currently. Then wear it open! That's where it is now! That doesn't necessarily mean where it's going to be. Now, here's the deal. If that red candle were still above the moving averages, this just means that we're coming closer to the support level. Now, if we take a look at this. And that's what's kind of funny, right? The psychology is: We want to buy less or cheaper to the support. But when it's a red candle, we fake ourselves out. We say one thing and we do another. Okay? Now, when you take an entry... You're risking. CAPITAL! That's what's happening.

Now, if you take a look at this, I'm going to put a target right at 775, dated GTC, and I'm going to put a stop right underneath that about 707 level. 707. Less 2%. $692. 86. $692. 86. David GTC. Okay, now. We talk about the capital size again, and I'm going to put this in the margin, you know, so we can kind of spread some capital out. If we did $4,200, which is 10%, it's going to be about five shares of stock. Those five shares of stock, if we look at this, okay? We go confirm and send. Remember how the stop works. They can fill at that price or less. Send the order in the margin. I think I'm out of money in the IRA that's tied up.

Now we're sitting right there, okay? Why isn't it filled? Well, because we said 721 . 17 or lower. Now, if it doesn't fill the next, let's say, two, three minutes. We're going to move that up a little bit. Okay. Now, if we take a look at, now, oh, by the way, I'm so glad you said that. So, Pia. Yeah, I saw your. Pee-yah! Pia's the most humble person you've ever met, okay? Pia is winning the paddle ball, paddle. No, pickleball championship. She has more trophies. Pepp All she does is... Torment people on the weekends with pickleball. Now here's the deal. If we take a look at this, yeah. Corning. Okay. Now, let's kind of speak to Corning for just a moment. You're going to notice that there's a target and there's a stop, okay?

Now, if we look at, let's say, that target and the stop. Okay, broke through. Now what's the position? Let's go back to the trade tab. And that position the shares of stock. Those were purchased on the date of, well, the most recent one. where we bought the shares was on March 24th. Okay. And those shares were purchased at $141. 44. It's at 146 now. Now. If you take a look at this. Now, remember, we always talk about if we start getting within 1% to 2% of that target. Let's go back to kind of what we talked about, proven practices. What do we mean by that? Well, you start getting within 1% to 2% of that area. What does that mean? Reward to risk stop methodology. What happens if that stock shoots to the upside?

Your days low stop methodology. They're too low. You're going to be taking a whole lot more risk than you are potential reward. Now, some investors might say, James, I'm going to set an alert right around maybe 1% or 2%. I'll take 2%. I'm going to create an alert where, if you go up to Let's say, within 2% of that, let me know. So, if I'm taking Jax for a walk or Jax wants to go for a car ride and hang out the window like he normally does. And I get an alert on my phone, hypothetically. GLW at or greater than 154, what are the proven practices? Well, the proven practices are saying: what's the reward I have left? Take that reward amount less. Take the current price, less that reward.

And move up the stop. That wouldn't do. Quite get there today, but if we have another day that was like today, maybe it does. Keep an eye on that. Remember, we're focusing on proven practices and what we can control. The other stuff is just outside noise. Now, GLW, yeah, getting a move there. Now, the other one I just want to kind of keep an eye on is when you look at on. That's one that's had a pretty decent reversal, trying to poke through that 64 level. AMAC got pushed around this morning. Uh... successfully held a 20-period moving average. Pair back some of the games from yesterday. Probably one of the semiconductor names that some investors might be looking for is maybe AMD. I think we also have to probably include Marvel in that conversation.

We don't bring that up as much, but if we're talking about something that's maybe getting a little reversal crossover. Marvel is right there. I'll say this in closing, okay? Keep an eye on the travel theme. OK, RCL, CCL, NCLE. Keep an eye on the hotels! OK, marry it, and so on. If some of this stuff that we've been going through as investors unwinds, some of these stocks are kind of puckered. where they could start to actually unwind. some of that bearish fear, if you will, or selling pressure. Okay, so I'm out of my time here today. I want to thank you so much for joining us. I want to give you a quick reminder that if you went to Schwab . com, go to Learn. We'll go to Schwab Coaching.

I'll send this out so you can see that. Make sure that you bookmark this playlist. If we go to live webcast and virtual workshop, coming up next, if we go down to this day, we have managing an option portfolio, Ben Watson. And also coming up later this afternoon, we have Cameron May, who is with us, going to be teaching Getting Started with Thinkorswim. So thank you so much for joining today. And again, we're focusing on the things that we can control. Okay? We talked about asset allocation, strategy, effort, and focus, and using... Uh... Reuven! principles and practices over time. Very important you learn that lesson. Boy, I wish you would have learned that earlier, okay? But I didn't have any coaching or webcast. So remember, with what we discussed, we've done, for example, illustrative purposes only. Remember that all investing involves risk. And this has been the class on growth and value stocks. Really, more focusing on growth here today. Thanks so much. Take care. Bye-bye.